Ståle Monstad, CEO & Ståle Rodahl, Executive Chairman
25.01.2023
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25.01.2023 - page 2
Outline
•
Green Minerals signs MoU for
nodule license in CCZ
•
Polymetallic Nodules
Hawaii
•
Nodules vs. SMS
Mexico
•
Update Norway
CCZ
25.01.2023 - page 3
MoU signed
Green Minerals signs MoU for partnership in a nodule license in CCZ in January 2023.
Competent license holder.
Significant amount of work done on the license to date, indicating
A significant resource of key battery metals on global scale.
>100 yrs production at same rate as NCS SMS
Exclusivity for Green Minerals during the negotiation period.
25.01.2023 - page 4
Three main types of marine minerals occurrences
Seafloor massive sulphides (SMS)
Manganese crust
Polymetallic nodules
Our
Added
initial
focus
focus
Impacted area is very small (diameter in the 100's m range.)
Production from SMS's will be performed through 'surgical interventions'.
Non-uniqueecosystems around inactive vents
Intermediate areas (50-100km2)
Steep slopes most likely favourable for development of crust on NCS.
Large areas (>250k km2)
"Easy" exploration.
The nodules can be harvested.
Probably relative low environmental impact.
Closed loop production system reduce/remove sediment plume during extraction for all deposits.
Source: Yeo et. Al 2019, Teara.govt.nz
25.01.2023 - page 5
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Green Minerals AS published this content on 25 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 January 2023 12:57:03 UTC.
Green Minerals AS is a Norway-based company, which operates within marine minerals industry and provides offshore mining services. The Company aims to win licenses to survey, explore and produce marine minerals on the Norwegian Continental Shelf. The Company is a spin-off of SeaBird Exploration Plc, which operates within offshore exploration for natural resources. The main focus of Green Minerals is exploration strategy design, design of marine minerals production system and winning licenses. Green Minerals enables the worlds drive towards electrification and digitization in a sustainable manner. The Company does this by deep sea mining of marine minerals and Rare Earth Elements key to the green shift, eliminating the social costs in onshore mining while reducing the environmental footprint and solving a strategic need for EU and USA.